A number of stocks fell in the afternoon session after markets pulled back with the decline concentrated in the tech space as investors engaged in profit-taking following a robust week that saw the S&P 500 hit a new record.
Shares of financial automation platform BILL (NYSE:BILL) jumped 12.8% in the morning session after the company reported better-than-expected second-quarter results, surpassing Wall Street's revenue and profit estimates.
BILL Holdings reports strong Q4 results, driven by customer growth, cross-sell momentum, and product innovation. Wall Street analysts have rerated BILL and highlighted AI agents as key growth drivers.
BILL Holdings, Inc. (NYSE:BILL) shares are trading higher Thursday. The company reported better-than-expected fourth-quarter earnings on Wednesday after the market closed.
Financial automation platform BILL (NYSE:BILL) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 11.5% year on year to $383.3 million. On the other hand, next quarter’s revenue guidance of $390 million was less impressive, coming in 1.1% below analysts’ estimates. Its non-GAAP profit of $0.53 per share was 30.4% above analysts’ consensus estimates.
Financial automation platform BILL (NYSE:BILL) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 11.5% year on year to $383.3 million. On the other hand, next quarter’s revenue guidance of $390 million was less impressive, coming in 1.1% below analysts’ estimates. Its non-GAAP profit of $0.53 per share was 30.4% above analysts’ consensus estimates.
BILL reported Q4 FY25 results with revenue of $383.3M, slightly missing estimates, while non-GAAP EPS of $0.53 beat expectations. The company announced a new $300M share repurchase program.
Shares of financial automation platform BILL (NYSE:BILL) jumped 3.2% in the morning session after the broader market rallied as Federal Reserve Chair Jerome Powell signaled that potential interest rate cuts could be on the horizon. The market-wide surge followed Powell's highly anticipated speech at the Jackson Hole Economic Policy Symposium, where he indicated that the "shifting balance of risks" to employment and inflation "may warrant adjusting our policy stance." Powell noted that economic growth has slowed and the labor market is weaker than previously thought. This signal that the central bank may ease its monetary policy was a welcome development for investors, prompting a broad rally that lifted stocks across various sectors, including technology.
Shares of financial automation platform BILL (NYSE:BILL) fell 3.5% in the morning session after a broader market downturn impacted the technology sector, as investors grew cautious ahead of a key speech by Federal Reserve Chair Jerome Powell.
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings.
However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
A number of stocks fell in the morning session after markets pulled back as a hotter-than-expected wholesale inflation report for July dampened hopes for a Federal Reserve interest rate cut. The U.S. Producer Price Index (PPI), a key measure of wholesale inflation, rose 0.9% month-over-month in July, far exceeding the 0.2% increase that economists had predicted. Annually, prices at the wholesale level jumped 3.3%, also surpassing the 2.5% forecast. This hotter-than-expected data has poured cold water on widespread expectations for an interest rate cut from the Federal Reserve next month. Persistent inflation makes it less likely for the central bank to ease monetary policy. Sectors with high-growth stocks, such as SaaS, are particularly sensitive to interest rate changes, as the prospect of higher rates for longer can diminish the present value of their future earnings, leading to a decline in stock prices.
